5315 Riverton Avenue Active Save Request In-Person Tour Request Virtual Tour
North Hollywood (los Angeles),CA 91601
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 31,622 sqft
Price per Sqft $88
MLS Listing ID CROC24242255
Lot Size 10,800 Sqft
Property Description
Almost ready to issue permits. Please refer to the attached supplement for the most current project approvals.– approximately 10,803 SF Lot with Approved Plans for 22 plus 5 recreation units for ADU development This prime 10,805 square foot property (0.248 acres) is located in North Hollywood, offering approximately 80 feet of frontage along North Riverton Avenue and a depth of about 135 feet. Currently improved with two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, the site is within a designated State Enterprise Zone, providing potential incentives for development. The approved project plans call for the construction of a 22-unit residential building, plus 5 recreation units for ADU development, one in each floor, with a total building height of 56 feet. The project will feature five residential levels above one subterranean parking level, comprising approximately 29,801 gross livable square feet of space with a Floor Area Ratio (FAR) of 4.3:1. The mix of units will include 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units, along with 23 on-site parking spaces. This property offers an exciting opportunity for a developer looking to capitalize on the growing North Hollywood market, with an approved plan for high-density resident
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Laundry No Hookups
Exterior
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Building
Sewer Public Sewer
Water Public
New Construction No